CGS International Securities Singapore has unveiled the CGS Fullgoal Singapore Next 50 Active ETF, marking the first exchange-traded fund (ETF) benchmarked to the iEdge Singapore Next 50 Index. The ETF, priced at S$1.00 per share, is available for subscription until 26 August 2026, with an anticipated listing on the SGX Main Board on 3 September 2026 under the stock code Q50.
The ETF is the sole Singapore-focused actively managed equity ETF on SGX, providing retail investors with a single-trade entry into the Next 50 segment. This segment, characterised by thinner analyst coverage and wider return dispersion compared to blue chips, benefits from active stock selection. The fund employs a six-factor quantitative model from Fullgoal Asset Management to identify companies with robust fundamentals and growth potential.
The iEdge Singapore Next 50 Index represents a market capitalisation of approximately S$110b, yet it remains under-researched compared to the STI. “Most Singapore portfolios mirror the STI, which is concentrated in banks. Q50 complements those holdings,” said James Ong, Group Head of Asset Management at CGS International.
The ETF’s active management model, rebalanced monthly, invests at least 80% in Next 50 constituents, with up to 20% allocated to other SGX-listed companies. Li Xiaowei, Deputy General Manager at Fullgoal Fund Management, emphasised the robustness of their multi-factor framework, stating, “We believe these principles are robust and transferable across different market environments.”
Investors are encouraged to review the prospectus before investing.
